Portsmouth's new owner, Sulaiman Al-Fahim, has insisted there will be money for the Paul Hart to spend when the January transfer window opens.

Peter Storrie, the club's chief executive, has reportedly met fans and revealed to them that Fahim had not yet refinanced the club and that he was unsure when funds will be made available.

However, Fahim told Bloomberg: "Hopefully by the end of this month there's new money coming in from my personal finances. I will meet my manager, Paul Hart, on 21 November and sit down and see which kind of players he needs. By January we will have more money coming in for the players."

Fahim has outlined his intention to treat Pompey as a business. "I'm not in this just to lose money," he said. "I like competition, I like to be a winner and I want to show with this club you can make money."

Given that Storrie led a consortium that failed in a bid to takeover at Fratton Park, his future has been a subject of speculation, but Fahim added: "Peter Storrie is a good CEO and he's been with the club for the last seven years. Keeping him is better for the club."

The striker Aruna Dindane is approaching match fitness following his arrival from Lens. He said: "Mr Hart wants me to be properly ready and I am well. Hopefully I will join the first team next week."